I used to live and work in a 400 square foot condo, and if I didn't get married and have kids, I probably would still be there. I was pretty content living there, and it was nice to not have a ton of stuff. The only thing I really pined for was garage space.
Living in a house now is really nice, but there sure are a lot more responsibilities...both financially and maintenance wise. You spend a lot more of your time just taking care of thing around the house, or working to pay it off. I don't think its made me any happier, and I kind of miss the simpler condo days, but having kids and working out of a condo was just not realistic anymore.
Once the kids are out of the house, I actually wouldn't mind a smaller place again. But I still want a bigger garage.
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